Niles, IL vs Troy, IL

There is a significant gap in the cost of living between these two cities. Troy is 20.4% cheaper than Niles. With a cost index of 85 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Troy to Niles should plan for substantially higher expenses across most categories.

On the housing front, median rent in Niles is $1,247/month compared to $1,060/month in Troy — a 18% difference. Home values follow the same pattern: Troy is more affordable at $240,800 median vs $350,900.

Median household income in Niles is $78,563 compared to $97,825 in Troy (-19.7%). Troy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Niles spend roughly 19% of their income on rent, more than the 13% in Troy.

Climate-wise, Troy is notably warmer with an average of 57.7°F compared to 51.3°F in Niles. Troy receives more rainfall at 43.4" per year compared to 37.9" in Niles.